Monday, January 25, 2021
Kering in Top 10 most sustainable companies in the world and first in Clothing and Accessory Retail for 4th consecutive year in Corporate Knights’ 2021 Global 100
Announced virtually during the World Economic Forum today, Kering placed 7th out of 8,080 companies around the world and has once again topped its own sector in the Corporate Knights’ 2021 annual Global 100 ranking. For the fourth year in a row, Kering has been ranked first in the Clothing and Accessory Retail category.
The Corporate Knights’ Global 100 Index is considered a benchmark for corporate sustainability every year. The Global 100 companies represent the top 1% in the world on sustainability performance. In 2021, 8,080 companies worldwide were analyzed against industry peers to determine the index’s ranking. To maintain its leadership position in the Clothing and Accessory Retail category among 143 companies, Kering was assessed against 24 quantitative key performance indicators (KPIs) covering resource management, employee management, financial management, clean revenue and investment and supplier performance. In particular, Kering ranked highest for ‘Environmental Performance’, ‘Clean Revenue’ and ‘Clean Investment’ within its industry. Further recognition was awarded under ‘Sustainability Pay Link’ whereby Kering scored 100% for best practices related to executive remuneration linked to driving sustainability performance.